Image Promo description

Register to use our site and access free newsletters, book events and lots more.

You don't have to be a member to use our site. Already registered? Login here

Become a member today

The Chartered Institute of Housing is the independent voice for housing and the home of professional standards

CIH welcomes news that council borrowing cap will be scrapped

03/10/2018


Responding to the Prime Minister Theresa May's announcement that the borrowing cap on councils will be scrapped to help them build more homes, CIH director of policy and external affairs Gavin Smart said: "This is excellent news and we look forward to seeing the detail.

"We have been calling on the government to lift the local authority borrowing cap to help councils build more genuinely affordable homes so it’s great to see the Prime Minister listening to the voice of housing professionals.

"If we are to have any hope of tackling our national housing crisis, councils must play a critical role and this move will help them reach their potential. But if course it’s not just a numbers game – we need to make sure we are building the right homes, in the right places, at the right prices. That’s why it is so important to give councils the tools they need to build more truly affordable homes for social rent."


Please log in to comment

Your comments

No comments made yet
 

Join today

We’re here to help you make a difference. Join CIH today and discover your potential

 

Fire safety

All the latest info and fire safety resources for housing professionals

 

The new housing apprenticeships

With a century of experience equipping housing professionals with the skills they need to do the brilliant work they do, we can help you make the most of the new housing apprenticeships – whatever stage of the journey you are at.